What is the compound interest of $1000 at 12%compounded monthlyfor 2 years
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just sub the number of the term to findd the term
first term is A(1)=-2(5)^(1-1)=-2(5)^0=-2(1)=-2
4th is A(4)=-2(5)^(4-1)=-2(5)^3=-2(125)=-250
8th term is A(8)=-2(5)^(8-1)=-2(5)^7=-2(78125)=-156250
just sub the number of the term to findd the term
first term is A(1)=-2(5)^(1-1)=-2(5)^0=-2(1)=-2
4th is A(4)=-2(5)^(4-1)=-2(5)^3=-2(125)=-250
8th term is A(8)=-2(5)^(8-1)=-2(5)^7=-2(78125)=-156250